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It is very very big and therefore hard to move the needle, but there are a lot of initiatives the company can do such as pricing, launching new services and getting into AI. The advertising component is cyclical and is the easiest place for companies to cut spending. There are one billion searches a day on Google and its YouTube is the most dominant platform around. It is trading at a decent valuation of 20X earnings, has an excellent balance sheet, and is buying back $60 billion worth of stock this year. Now focusing on cost cutting so be patient.
Buy 11 Hold 0 Sell 0
This is a very defensive and high quality investment. Half of the business is selling data so it has recurring revenues. It also has listing fees and with a rebound in the stock market these could increase. Good value compared to competitors and earnings growth should be in the double digits for the next few years. Also a great dividend payer and has raised dividends every year since 2016. Buy 2 Hold 5 Sell 0
(Analysts’ price target is $153.57)It can raise prices since it is a major way of moving goods. It is being overly conservative in its predictions with very low guidance which comes after 25% earnings growth in 2022. It is one of the best success stories in Canada. It has raised its dividend for 27 years in a row. Could do $8 per share in earnings and be a $200 stock. This is therefore a good entry point. Buy 10 Hold 22 Sell 3
(Analysts’ price target is $174.32)
He owned it but sold at $16 to $17 since he didn't like the deals it was making. There are too many headwinds in the industry including rising costs to build new structures.